Bitcoin and Cryptocurrency market cap bigger than large banks
Did you know that in November 2020 the market capitalization of Bitcoin currently sits at over 200 billion USD. The market cap is total suppply of bicoin multiplied by the price.The At its prior peak the Bitcoin market capitalization increased from approximately 1.02 billion U.S. dollars in the second quarter of 2013 to peak at 238 billion U.S. dollars in the last quarter of 2017.
Here is a diagram from Crytpo dreams that we liked showing Bitcoin marketcap at 350 Billion comparing it to JPM Chase at 349 Billion, ICBC China at 251 Billion, BAC United States 231 Billion. CCB China 192 Billion.
As you would be aware the most popular cryptocurrency in the world is Bitcoin, The leader takes the top position in charts with almost 69% market dominance. I is not likely ly that any other cryptocurrency coin or token could overtake bitcoin in terms of crypto market capitalization in the near future. The second largest cryptocurrency is Ethereum.